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Updated almost 5 years ago,
Covid-19 Furlough & Unemployment (Ohio)
I have a full-time W2 job, 1 rental & in the middle of one renovation (brrrr). My company basically furloughed the entire organization for two weeks. It actually isn't a bad deal, we get to collect unemployment to keep paying the bills, we keep our benefits, and we have a job waiting for us on Monday 4/27.
My question - does my real estate activity prevent me from being eligible for unemployment? I am collecting rent on my single rental and I am going full speed on my renovation with this new free time. You're supposed to not be working to collect unemployment... does that count as working? I'm not really making any money, actually spending it.
Thanks!
Dan